Red blossom corporation transferred its 40 percent interest to tea company as part of a complete liquidation of the company. in the exchange, red blossom received land with a fair market value of $635,000. the corporation's basis in the tea company stock was $312,500. the land had a basis to tea company of $802,500. what amount of gain does red blossom recognize in the exchange and what is its basis in the land it receives?

Afirm plans to begin production of a new small appliance. the manager must decide whether to purchase the motors for the appliance from a vendor at $10 each or to produce them in-house. either of two processes could be used for in-house production; process a would have an annual fixed cost of $200,000 and a variable cost of $7 per unit, and process b would have an annual fixed cost of $175,000 and a variable cost of $8 per unit. determine the range of annual volume for which each of the alternatives would be best. (round your first answer to the nearest whole number. include the indifference value itself in this answer.)